With China pushing mining out of the country due to the big electricity use, it's no surprise we will continue to see "reasons" to ban mining, like Plattsburgh is claiming.

I have 3 incredible investments that will address the energy costs of mining and mining capacity anyone reading your blog post may want to check out.

Smart Cool: They are a small UK company listed on the Toronto stock exchange and over the counter in the US. They have technology that provides a 30% reduction in cooling costs. It's best to understand how they are doing this by looking at their website: https://www.smartcool.net

MGX Minerals: They are an incredible company with a large land position with prospective oil, lithium and other minerals. They have a 51% ownership in a tech company with a nano filtration technology that can filter out lithium, gold, silver and other valuables from brine from waste water in the fracking process to deliver clean water for reuse. They also recently bought a zinc air battery company. It uses zinc particles as the fuel and never has to be replaced and is completely scalable by increasing the size of the zinc "fuel". You have to read it to believe it, but it could be answer to storing solar and wind energy. https://www.mgxminerals.com

Lastly, you have the incredible company HIVE. It's listed on the Toronto stock exchange and is OTC in the US. Hive is a company set up to bridge the capital markets with the crypto mining industry. They are owned 30% by Genesis Mining, the worlds largest crypto miner. They raise money and hire Genesis to build out crypto mining capacity in low energy cost area with cool climates that minimize the need for cooling (Iceland/Switzerland). Then they pay Genesis to operate the mining facilities. They are also able to hold the cryptos they earn from mining and sell them at most opportune time as needed to make further blockchain related investments. They will have over 44MW of installed mining in place by September and then have annual revenue >$150M with profit margins around 90%.

I may make a post expanding on this subject and have previously written about Smart Cool and HIVE. They are both sleeping giants that no one is paying attention too.

I have high hope that these three companies will be able to support the crypto mining industry. Already, Smart Cool announced they are aggressively targeting application for crypto mining.